Posted by TK-NE-PA-51 H on August 08, 2008 at 09:35:34 from (205.238.242.82):
I"m sure that there are some on this sight that have had some experience with the oil and gas leases. I live in Bradford Co. PA, there is a lot of activity in this area lately, seems they think this is a hot spot for natural gas drilling, there have been some very good wells drilled so far. I have not signed yet but neighbors around me have, I have 32 acres and the going price for a lease is around $2,800 pr acre and 17% royalties. If I dont go for a lease and they drill on land next to me I wont get paid for the gas under my land. I don"t think that my rugged mountain land is very accesable to a drilling operation, so I am not worried about them drilling on my land, but the farm next to me looks like a possible drilling sight. Anyone have any info or advise on this topic. Thanks in advance. Tom
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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